this sunday catch me on "meet the press." starting place on television. you don't want to miss it. i say there is a bull welcome to "the kudlow report." i am brian sullivan once again in for larry tonight. and your top story, the no new bad news market. jobs come in weak. stocks nearly make a total recovery. is this another case of bad news actually being good news because of the fed? we'll debate it. here is the real concern in jobs. more and more people are simply dropping out of the work force. they are vanishing. many are young and discouraged. wait until you also see the scary spike in people now living on disability. are you ready for the budget battle to resume in washington? reports say the president is ready to cut entitlements but only if the republicans give in on even more tax hikes.

still, even democrats are outraged. this could be even very nasty fight to come. "the kudlow report" starts right now. all right. so much to do tonight. thank you very much for being with us. before i get to the so-called no bad news market let's goat tet e clear bad news. hampton pearson breaking it down for you in washington. >> reporter: good evening, brian. the march headline numbers were quite a retreat from big job gains we saw in january and february. employers adding just 88,000 jobs in march, the fewest in nine months. among the biggest losers the retail sector cutting 24,000 jobs. the payroll tax hike and bad weather curbing consumer spending, retailers trimming payrolls to compensate. we did get big upward revisions for january and february. 61,000 more jobs than previously

reported. the unemployment rate dropped to 7.6%. the down is because nearly half a million people gave up looking for work. the percentage of americans looking for jobs. the labor force participation rate fell to 63.3% the lowest monthly figure in nearly 34 years. so what is the real jobs economy? the 88,000 jobs we just got in march or the revised 268,000 from february? well, the new math from the labor department says over the last 12 months the monthly average is just 169,000 jobs, not enough to really move the unemployment needle and wage growth? forget about it. average hourly earnings were flat in march and are up just 1.8% for the last 12 months. that's less than the inflation rate. still to come, the full impact on jobs from the sequester. brian? >> hampton pearson, thank you very much. well, at one point today, folks, the dow is down more than 170 points but look at this

chart. as you can see a late rally really limited the damage. it didn't make it all the way back but we sure got darned close. how come? here now is the chief equity strategist at fed rated investors. phil, throughout history, right, at least semimodern history, this kind of jobs number would have been seen as bad news. the dow would have tumbled a few percent. i think we can all agree this is not a normal world. and our fed perhaps has made this a no bad news market, has it not? >> well, in this bizarre event of today, the silver lining i think was the federal reserve. there's been a lot of chatter over the last couple of weeks that the fed may be close to beginning to taper off its accommodation in terms of the quantitative easing. this number was so bad the thinking is the fed can't possibly be pulling the plug on qe at this point, so that they've got to push that decision out to at least the second half of this year at the earliest. >> you know, i want my 401(k) to

go up as well. here's what i worry about. right? this sort of smacks to me of the late '90s with internet stocks. it smacks of the mid 2000s with housing that everything is back stop. everything is going to be good news and we can continue to go up no matter what kind of data points we see. >> the only difference between the two parallels you talk about is that we don't have the same level of exuberance and euphoria and hysteria on the up. >> not yet. >> not yet. but there is a good degree of skepticism. this is not exactly like a rally that people are pouring into, no holds barred. i haven't heard my taxi drivers talking about whether they should buy sysco tomorrow. until that happens, yes. it's a fed supported central bank. we also have the japanese central bank the other day. let's not forget this is a global central bank liquidity not just a fed central bank liquidity. the fact is the united states is, you know, doing better than its developed country neighbors i.e. japan and europe. and so to some degree while this

is a completely middling job report an think we're likely to have high numbers for years regardless of government policy. things aren't getting remarkably worse and companies are doing okay. >> isn't it healthier to have this market be more like a 1950s western where we have a clear outline of good guys/bad guys, right? if we don't know what real bad news is, if we can't see through the fed's smoke, how will we really understand how corporate america is doing? >> well, that's a great point. but investors over the last couple of years have seen a couple situations in 11 and in 12 where the market came down 10%, 20%. they sold into that. it turns out that those issues were temporary and the market rallied back through and got back all that the market had lost. so the market's perspective at this point is, look. we've seen this movie before. we know how it ends. all right. the job number wasn't great today. but that doesn't mean it won't

be better later in the year. the fed stays in place. therefore, stocks are probably going to work higher over the course of a year so i'm not going to get sucked in and give up my equities at this point in the cycle. >> you know, listen. the fed's real mandates are controlling inflation and maximizing employment. >> right. >> maybe they've done a good job with the former at least for now. have they done a good job with the latter? and if they haven't given all they've done which is essentially not to make another 1950s reference but empty out their six shooter, what else can they do? >> look. the whole unemployment duellman date part of the fed is the a 1970s creation not when it was created in 1912 and 1913. i think there are a lot of questions about what is exactly a central bank which is in charge of monetary policy really supposed to do about employment unless you believe and increasingly it is a fiction to believe it that there is some connection between interest rates, low, easy money, and people hiring. clearly there is not.

clearly you can flood the world with money. you can have extremely profitable and highly productive and very efficient companies, and still not have extreme amounts of hiring. look, the only hiring we're seeing even with these numbers is often rather poor, low wage jobs. we're not creating a lot of dynamic, upper income or even middle income jobs in this economy. that should be something we're focused on in general regardless of whether the number was 80,000 or 150. if it's all health care workers and temp workers, that's not exactly the basis of a really long-term sustainable economy. i don't know what the fed is supposed to do about that. >> we often hear the market is, quote, cheap. but given where interest rates are, shouldn't the market multiple be even higher than it is? i mean, is this market really cheap? >> we've actually studied this issue and the market over the last four years has expanded from 11 times earnings up to 14 times earnings. given where treasury yields are right now at 2% that is exactly where it should be. as the economy recovers, as we

start to get some inflation, as treasury yields move back to normal, which i would define as something in that 4% to 5% neighborhood, it may take four or five years before we see that, we'll see eventual expansion of the multiple up to about 17 or 18 times but as long as inflation and interest rates and gdp growth continue to stay at sort of the tepid levels they are right now, valuations are reasonable based upon where stocks are trading. >> phil, i think we could be -- it could be ten years before we see any movement back to that. it could be much longer. i don't know whether that normal is a useful guide post in terms of rates and inflation for a 21st century world. yes fed influence but also because there are billions of people entering the global work force. >> i don't know if i know what normal of anything is anymore. >> exactly. >> thanks for having us. >> i agree. thanks, brian. >> have a normal cocktail. nearly 500,000 people dropped out of the work force last month. they simply vanish.

we could chalk some of that up to retirees. but it's not the whole story. get this. the number of americans on disability has more than doubled over the past 20 years. and since 2008 the number of new people on disability and their dependents is twice the number of the jobs created. let's discuss. joining us onset tonight, "times" assistant managing editor and cnbc contributor of the aei and matt swift cofounder of new issues focus. concord 51 super pac. all right. we want to help people. we are a good and generous nation. >> i agree. >> one in 14 americans is now on disability. most will never leave or simply roll over into medicare. why? >> you know what? i think that we're looking at an economy that has become so difficult for so many people that this is the situation you're left with. i want to go back to the point

made earlier about the fact that there is a total disconnect right now between the fortunes of companies and the fortunes of workers. i think what you're seeing and talking about here is part of that. you know, i don't think disability is a scam. i know that is something that's been discussed before. i think people are really struggling right now and i think that we're in this very bifurcated, schizophrenic economy in which you've got the markets way up here and you've got unemployment there. this is a result of that. >> i do not believe, matthew, that disability is a scam either. okay? but there was a fantastic article a few days ago done by npr along with the radio piece dhe that really got into the issue of disability. they interviewed people who basically said i can't get a job. i'll probably never have a job again. this is the only way that i can get money for my family. >> absolutely. i think that if you look at the -- you know, i run the young professionals organization so that's what i focus on. for my generation of people, my age, our ability to get the kind of wages that people of my

parents' generations currently have looks to be almost impossible. the ability for us to make money, to remain employed, i'm now paying over a thousand dollars more a year in taxes because of the expiration of the payroll tax cut. it's getting harder and harder for people my age as well. >> here's the hard part of the discussion, jimmy, where i'm going to come across like a jerk and i admit this. 1961 -- that is not hard for me by the way. 8% of people on disability were on for back pain or mus coskeletal disorders. now it is 33%. it's gone up 400%. most back pain disorders according to doctors are caused by what? obesity which is largely self-caused. what is the fine line between being generous, helping out people in need, and also casting more responsibility and personal obligation on the american work force? >> listen, i don't have any doubt one reason we're seeing this expansion of disability rolls is because they've loosened the requirements as you

just mentioned. but i think there is a fundamental economic thing going on here and i think it's affecting your classic -- some guy in his 50s. maybe he worked at a refrigerator plant. those jobs moved to mexico. now what is he going to do? maybe he can start up a business. if you look at the jobs numbers today look at the 25 to 54 with the labor force participation rate falling among those people too, people in the prime of their lives. i think there is something going on particularly with automation affecting these older workers but also, you know, folks who should be really -- their fat years. >> unintended. >> not really. i think the automation and technology point is actually very important. we've already seen a lot of job destruction in the blue collar area from technology but i think that that's going higher up the food chain. i really think that's going to be a big thing in the next ten years. mckenzie has done reports on this. that a lot of white collar workers, people sitting at desks, clerical workers, sales folks in the back office.

>> by the way, this is supposed to be a seamless transition from, you know, higher technology, raising productivity. that raises wages. but maybe the transition isn't quite so seamless. >> maybe it's taking longer. it used to take three to five years. we haven't hit that tipping point yet. >> this is a fantastic point. i urge everybody to read this article by the way. i put it on my twitter feed today. they talked about this doctrine, this county in alabama where one in four, one in four is on disability and this doctor said, there is no definition of disabled necessarily. right? yes, if you are actually disabled you're paralyzed but he's talking about things -- mood disorders you can go on disability for these days. he said often disability now is defined by what your degree is. if you have a high school diploma and can't sit at a desk and have to work at a manufacturing job if your back hurts you can't do that but you might be able to work at a desk. so really defining this in large part according to npr by how educated you are. it's a scary subject.

>> an extremely scary subject. i think that what all that we're doing right now with the u.s. economy especially is incentivizing people to take advantage of programs like this. what is the incentive to try and enter a work force that is difficult to get into? it's difficult to get good wages. it's difficult right now you're seeing constantly taxes being raised on younger people. >> few pensions, very little guaranteed employment. >> what is the motivation? the guarantee of disability is probably greater than the guarantee of employment. >> absolutely. >> what does that say about how we treated workers? i don't sound like larry at all right now. >> no you don't. i'm loving it. >> what does that say about workers in this country where they have no job security, no back stop so they're going to do what they have to do. i would do the same thing if i was them. >> i love this conversation because it is getting real about the fact that we have a hollowed out middle and we have people that cannot find work that have no marketable skills. one thing we should talk about though is if you bring up the topic of obesity you have to

talk about health care. that may be a more controversial topic for another time but, you know -- >> it is actually our next segment. >> all right. i better prep for that. >> you have two minutes. >> you know, you've got to look at what's our health care system doing? what are we doing around preventative care? how can we help some of these folks who are really in need and also going to be the big cost centers in that system? >> there are other countries, the netherlands is one, which had an exploding role for disability. they tightened up on the programs. they kind of put the burden on employers to help finance it so they created opportunities for these workers. perhaps if they're disabled to come up with better ways to be productive. >> and we got to move on. the article was fascinating because it said basically states are encouraged to hire private companies to get people off of welfare and on to disability because welfare is a state cost. disability is a federal cost. they make their state budgets

better by transferring the money. excellent article by npr. i don't know how larry would feel but that's my view. all right. some people are blaming the weak jobs report on obama care. small businesses are already cutting hiring because of the coming fees and red tape. we're going to take a closer look at that looming problem coming up. late other than, it may be the most controversial story of the week. there is an uproar over a letter written to a top college women urging them to find their husbands while they are still in college. but do these kinds of guys really look like marrying material? >> i can't wait for this topic. >> i -- state your name. >> i -- state your name. >> do here by pledge allegiance to the frat. >> do here by pledge allegiance to the frat. >> with liberty and fraternity for all. >> amen. >> why flounder? why not? we're going to debate this issue of love, education, and economics. but first, do not forget.

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health care reform now tops economic uncertainty as the biggest concern for small business. that's according to a new survey from the u.s. chamber of commerce. more than 75% of small companies saying it will make insurance coverage more expensive and more than 70% saying it makes it harder for them to hire. so on top of today's disappointing jobs report is obama care uncertainty really what this economy needs right now? joining us, grace marie turner president of the galen institute. we're also joined by my other guests still here as well. we have a feeling i know where you fall on this because i've read some of your work. i get it. businesses are concerned but at this point isn't it healthier to argue about what they can do rather than slamming obama care? >> they don't really have a choice, brian. the mandate that they must provide health insurance starts in january and businesses have to start now to try to reshape their businesses in a way to

avoid these fines and taxes that could basically suck up their entire profit margin. so they're putting full-time workers on part-time. they're not hiring entry level workers. these are the companies that are the job creators. and we have put this mountain of new rules and regulation in. it is not just the taxes. it's all the compliance rules they have to -- they're going to have to follow. it is a huge, huge burden on businesses. the federal reserve in its beige book last month, four times they cited obama care as a reason that companies are laying off workers, not hiring workers, and uncertain about their prospects. in the retail industry we saw today jobs, 24,000 jobs lost in the retail industry. those are the businesses that are in the cross hairs of obama care. we have to look at this. and congress is looking at this, also, and thinking, do we need to delay, postpone, somehow

change this mandate on employers because it is killing jobs? >> you know, you sort of hit on this the last segment about technology. there was an article i read earlier this week about a small bakery that basically employed tablet computers now to check people out. they were going to layoff their, you know, probably minimum wage paid counter staff so people could pick on their ipads or android tablets laying off the weakest. technology is going to replace a lot of these jobs probably because of health care costs. >> technology could also help bring down health care costs if used properly. i'll go way out in left field politically and say,y used to live in europe and i actually had two children on the national health care system in england. let me tell you something about that. the entire country is knitted together in one software system. everybody's medical records are kept electrically. there is a lot of savings from those kinds of economies of scale and i wish we were further

along with it here. >> recent studies, listen, if you raised the cost of people, business is going to respond and go to machines. they'll lose people. i think the obvious question is why are businesses in the health care business to begin with? it's really sort of a quirk of history that we have these big companies supplying health care. shouldn't we be getting business out of the health care business, let them focus on the core competency which is baking or making automobiles or what have you? >> what have you talked about with your constituents and the folks you talked to? i talked to a guy that owns a couple fast food restaurants and he said what i'm going to do especially if we also have higher minimum wage which is a different discussion but kind of falls under the same cost of workers to jimmy's point is i'm going to give my best workers more hours and let go the people that don't work as much or put them on real part-time hours. is that what you're hearing out there? >> well, i think that's the kind of thing that small businesses are always doing to maximize

their advantage in the marketplace. but what you've got now is this artificial, external law that is forcing them to do things that may not be in their best interests. i mean, look at a franchise restaurant owner. he doesn't want to put his employees on 25 hours a week when he's got full-time employees that serve him well. but he may have to do that to avoid the obama care fines that may basically take up his entire profit margin. so you have artificial changes as a result of this health law that are distorting the economy, not allowing the natural process of efficiency to take place. >> but how do we depoliticize it to get something done here? i guarantee if you're on the left when you're listening to this or watching this show you'll think here we go a bunch of rich people sitting around the table complaining about obama care again. it's a real issue for businesses. people are the biggest cost. labor is the biggest cost of any corporation small or large.

how do we depoliticize this enough to actually get something done and help companies hire people? >> look. i might be the only one at the table, i don't know for sure, that has his own company. i have my own small business. i hahave 11 kinds of insurance the state of new york just so i can have people walk into the office and work every day. i am drowning in compliance work every single day. and it is a hindrance to my ability to grow my business, to hire more people, and, in fact, i don't hire more people because of this. i have found it incredibly frustrating all the different kinds of insurance we have to have, from workers comp, all of the different things that i understand what they are there for but it could not -- it is so complicated as a small business owner when really what i want to do is focus on what my business is trying to do that. >>'s one of our competitive advantages as an economy that we have. it is easy to hire, easy to fire these very flexible labor markets. we're giving that advantage away and you're seeing it in the lower statistics for job creation. you're not going to get those

companies. >> guys, another debate. i'm sure we'll have more time on another episode of the kudlow report with a guy named kudlow. right now we got to move on. thanks to grace marie turner. appreciate it. >> thank you. more fallout from the rutgers scandal. another head has rolled in new jersey but the top man on campus is still there. should he be gone too? i say yes. we'll discuss and debate coming up. hoo-hoo...hoo-hoo.

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. rutgers athletic director tim pernetti resigned today. the latest head to roll after this video is released to the public. it shows basketball coach mike rice shoving, kicking players, throwing balls at them, yelling at them, and using homophobic slurs during practice. now, school officials knew about the behavior back in december and they did suspend rice for three games. pernetti now says he wanted to fire rice at that point, but was convinced not to. we're back now with my guests. matthew, given that rutgers president didn't even look at the video when pernetti brought it to him back in december, is it time for him to go? >> no. >> why not? >> because i think at the end of the day the athletic director has resigned. the coach has resigned. is an entire campus supposed to be -- i'm not saying what the coach was doing was acceptable.

it was absolutely not but are you going to rip apart an entire college campus? i just don't feel -- hey, look. did he fail in a moment of management? absolutely. does he deserve to necessarily be fired for it? i don't think so. >> jimmy a lot of our viewers may not care about rutgers athletics. we're doing the story not for rutgers but because this is becoming in my view an endemmic problem in this country of passing the buck. right? oh, it was him. guess what? the athletic director isn't going to be able to do a lot of the stuff that people wanted him to do without going through the president. penn state, we saw errors, lapses in horrible judgment at the top because of a fear of the culture of joe paterno. don't you think this is a bigger story nationwide about manning up and being a leader for once? >> two things pop in my mind when you said that. one, i thought of the financial crisis in which we had key players -- >> cfos were being fired but the ceos didn't often get fired. >> ben bernanke stayed at the

fed. timothy geithner got a promotion to treasury secretary. and of course i think of jp morgan and the london whale where we had some people penalized but not jamie dimon. i think there is something to what you're saying. >> at what point do the leaders of a college, a corporation, a state, city, whatever it might be, say, you know what? my fault. and i'll quit. how often -- we don't see that enough, matthew. we don't see it hardly at all. >> no, we don't see it. there is no question we don't see that enough and the culture of digital media, technology, has completely changed the way organizations are managed. you can't get away with the same kind of stuff you used to get away with. people need to answer to their mistakes and failings. i think sometimes though the heat can rise real quick. everybody gets all very excited. the social media world will buzz like crazy and everyone calls for everyone's head. and then that is my point. >> so are you arguing that the outrage culture is too outraged? >> i have argued that that we do

get outraged. we'll have a segment a little later on that exemplifies political correctness run amok. everybody is outraged over everything. i'm outraged your tie knot is not straight. >> completely untrue. who is getting outraged here? our shareholders, jp morgan getting outraged? voters getting outraged that timothy geithner got a promot n promotion? were the alumni? maybe the problem is people aren't getting outraged and you have a bunch of low character people in key positions. >> i don't know. a couple thousand rutgers students right now have their university have egg on its face for this and we're debating it. >> listen, college students, they're looking for reasons to protest. what about the alumni? do they care? i don't know the answer. >> fair enough. all right. republicans have been asking the democrats for years to make real changes to social security and medicare and it looks like the president is apparently ready to do just that. but guess what? now the left is furious. i'll tell you why, coming up. but at xerox we've embraced a new role.

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president obama will send his budget to congress next week and according to reports it will not surprisingly include more tax hikes. but perhaps surprisingly, it will also include entitlement reform cuts to things like social security and medicare. the white house calls it a middle of the road compromise but house speaker john boehner says entitlement reforms are

essentially being held hostage to the president's desire for more tax hikes, and now even the left is angry about any cuts being proposed to entitlements. who's right? if anybody? joining us to debate it now are cnbc contributor and former labor secretary robert rice, author of "beyond outrage" and numerous other books. our panelists are with us. rana, jim, and matthew. robert, you know, listen. i understand that the right is upset. more tax hikes. we hear that all the time. now the left like movon came out and said, this is not why we helped the president, entitlement reform cuts. is any compromise ever going to be reached in the budgetary issue? >> well, brian, i think compromise will be reached. some people are very upset because the president is leading with a compromise. sort of a preconcession before he even gets to the table, which is not unusual. this administration has done this before. but a lot of people who say social security, medicare are the most popular programs in the

government, in america, even, you remember during obama care when obama care was trying to be sold, a lot of tea partiers showed up at rallies saying don't touch my medicare. well, the president is actually leading the charge now against social security medicare in the eyes of many people. >> you know i don't want to get into chain cpi but i did see the piece you did on your blog, nice explainer. thank you. can we blame any american right or left though for loving a program that will give them three to eight times every dollar that they pay in? >> no. >> it sounds good to me. >> well, it sounds very good. i think the real question here, aside from politics and apart from political tactics, is whether social security is really in a terrible state of affairs. social security, you know, the surpluses for years have been papering over budget deficits. the federal government has been using those surpluses for all kinds of other purposes and social security, and i used to

be a trustee of the social security trust fund, it actually is flush for another 20 years. it's probably good to make some changes now. >> i retire in 21. >> well, i'm going to be ahead of you, brian. >> that's the point. it's generational. >> i'd much rather you took a hit than i took a hit. but let me just say -- >> let robert make his point. >> there are other ways of doing it. for example, if you raise this ceiling on income subject to social security right now it's $113,700. you raise that ceiling somewhat or maybe raise it entirely and you can even exempt the first 13 to 15,000 dollars of income from social security. that would make it a much more progressive system and i think a lot of people would go along with that. >> listen, here is why compromise can be really hard. i think most people, the average american thinks, yeah. there are these problems with social security and medicare and both sides kind of realize it. that's not really the situation

at all. especially -- you hear a little bit about the ease taix solutions but there is really not a problem with entitlements. social security? just raise taxe. medicare? listen. health care costs haven't risen as much in recent years so maybe there really isn't a problem with medicare and medicaid. that's the problem. you really only have one side here who think entitlements are a big problem. >> i want to jump in here and say, you know, it is absolutely true that we need entitlement reforms and tax hikes to make the budgetary math work. but to be the bearer of good news for a minute we've actually come a long way in the last couple years, longer than we give ourselves credit for. if we look at some of the cuts made in 2011, combining the tax hikes at the end of last year, you're two-thirds of the way to a grand bargain even without the sequester. what's really shifting things is the longer-term health care spending. that's what needs to be talked about. >> i think that is the core of the issue here. and those -- i'll include myself -- who say that medicare

is not exactly the problem, the real problem is the underlying -- kind of cost curb with regard to health care costs. the cost curb is still not under control. it's better than it was. but we're now spending 18% of gdp on health care costs and when the baby boomers retire everybody knows that is going to be kaplooy. >> how do we solve that? in 30 to 50 years 100% of tax revenue has to go health care and medicare. obviously impossible. >> but that is the underlying problem. medicare actually may be a partial solution because the administrative costs of medicare are lower than the administrative costs of a lot of health care systems including a lot of health insurance. >> or if you live to be 85 or 90 can you really retire at 65 years old anymore? >> look. we don't -- everybody knows we're not doing a good enough job on preventative care. we're not doing nearly a good enough job reigning in fee for service. some people say that we've got

to do a much better job. you know, working on the disincentives. >> a grand bargain here cannot be -- the president basically offered the bare minimum. he needs his goal much further. i think republicans would agree to higher taxes if there is fundamentally block granting medicaid or something close to a premium support system they would go for it. the president is not offering that. >> i will say i'll pay a little more on social security taxes than i am. just gave away a little bit offen come but it's not a big surprise. not all. not a hundred percent. >> don't forget we are not that far away from a campaign. we're not that far from a presidential campaign where republicans were saying and romney was saying don't get -- was accusing the president of taking money out of medicare, actually reducing medicare. this issue is political dynamite. social security as well. >> at least we're getting somewhere. they just have us in d.c., we'd get the problems solved. thank you very much.

>> thanks, brian. >> jimmy, is it true you're leaving to catch a train? dude. >> i like to keep my movements secret. please. >> let me give you a word of advice. it's amtrak. it will be late. it will probably break down. you don't need to worry about it. it's not leaving on time. >> i was thinking a helicopter like in brazil. the amtrak is not going to leave on time. all right. back to north korea and the threat. the day that is. the latest from a rogue dictatorship is a suggestion to foreign embassies they might want to evacuate while they still can. how is that for rhetoric? most of the world is still taking this as just talk but when should we really start to get worried about north korea and the little dictator? we'll talk about it, coming up. flying is old hat for business travelers. the act of soaring across an ocean in a three-hundred-ton rocket doesn't raise as much as an eyebrow for these veterans of the sky. however, seeing this little beauty over international waters

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there is just no let up from north korea this week. every day has brought a new threat or provocative move from that regime. well, today the governments of foreign embassies were told they should consider evacuating the country to avoid the threat of war. meantime a u.s. official has reportedly confirmed north korea has loaded two missiles and

recently moved them to the nation's eastern coast. the missiles have a range of about 2,000 miles meaning they could in theory hit u.s. targets on guam. here now is syndicated radio talk show host john basser. at this point we still view this as saber rattling by the pudgey little dictator but at what point do we start to take this seriously? >> not today. not tomorrow. not the next week. what we're looking at is the same old rhetoric from a clown kim jong un who takes the place of his father the clown. i'm told there is no movement whatsoever in north korea of troops, aircraft, missiles. you mentioned the two missiles. they drove them around the corner. they're out of money. they can't move anything. they can't even feed their army. the mystery here is not kim jong un popping off. the mystery is the response from the white house so far. that's real and what are they reacting to? >> what do you believe they are reacting to? answer your own question, john. >> all right. there are two possibilities.

one is that this is an act of incompetence given the debt problems we have in this country because we are moving genuine assets, b-2 bombers and other air and naval assets cost a lot of money. the other possible explanation is that there is some large theatre piece going on in the oval office to be determined at a later date. i emphasize, there is no threat. there is no movement. our satellites see everything. there is no alert. kim jong un is a one-man puppet. the puppet master in the white house is the mystery. >> why are we moving missile defense systems to guam? why are we shifting around guided missile destroyers in the pacific? why are we doing b-2 exercises over south korea then, john, if kim jong un is really a joke and i wouldn't disagree with you there, why are we responding in a way which makes it seem like the threat perhaps is real? >> you ask the real question, brian. i want to emphasize right now there is something going on in

kazakhstan these last hours. i can't link this. i can't say that tehran told pyongyang to act out and that the u.s. is moving assets in the pacific because of tehran. that's too big a chess game. i will say this. kim jong un, shooting off his mouth and a very silly mouth, what that shows is that in some way just talk from a rogue and failed state makes the united states react. tehran sees this and sees the united states is all immediate response to nothing, so that gives tehran a very strong lead on the fact that they can back us off. >> we got to go, john. do you believe then this makes us look weak in the eyes of iran? >> weak and extravagant. thank you, brian. john batchelor always plain spoken. thank you very much. if you want to see anger ask college women what they think about people advising them to

find their husbands while still in school. that very advice causing a firestorm this week. but does it make sense? or is this just another case of political correctness going completely out of control? by the way, does a college guy like this really look like marriage material? ♪ history biology ♪ you know,that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is healthy enough for sexual activity. do not take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. do not drink alcohol in excess with cialis.

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is college the best place to find your spouse? in a letter to the daily princetonnian, princeton alum susan patton says yes and advises the young women of princeton to find a husband on campus as soon as possible. you might imagine, that friendly little piece of advice launched a new international firestorm of feminist protests, debates about career versus family. let's bring in our guests. matt swift i feel sorry for. by the way. this woman susan patton is one of the pioneer women at princeton, one of the first to graduate the university, taking a lot of heat for this. is it deserved? >> no. i don't think it is. i would side with the young woman who wrote a "wall street journal" opinion piece today saying it is a reasonable piece of advice and one her own mother

imparted. my mother had advice too. i believe she said to not forget about dating the geeks in high school because they would make a lot of money later. we don't necessarily take all these things a hundred percent seriously but it is just family lore. on a serious note it is good to be discussing things like marriage and family planning. this is one of sheryl sandberg's issues she tried to raise is why isn't this discussion on the table? i mean discrimination is wrong but talking about family issues and the role they play. >> why is it? so the most heat i ever took on television, i've said a lot of stupid things, is when i suggest ma a great example for working moms of which my wife is one and take more than a week or two of maternity leave off to cast a good lead over the organization. people came after me like i was stalin the worst guy in the world. why are we so afraid to talk about this? i guess because i'm a man and i should have no say in this. >> you have a child so you should. >> i'm also thinking for the working dads of the world.

don't forget us. >> you're also a human being. the thing is we should talk about it and also there is no one right solution. i mean what marissa is doing is great for her. sheryl sandberg more power to her. frankly i think i've got a full-time job, raising two kids, i'm here doing television. if i lean in any further i'm going to fall over i think. >> i often feel the same way. but it is definitely a balancing act but it's nice to be able to talk about that in the workplace. i've envojoyed support from mal superiors and colleagues as well as female in sorting things out and looking for unusual -- >> do your male infear yorslandy giyorslandy -- inferiors give you support? guys, we are terrified to wade into these waters though we may have kids of our own. why is this such a sensitive topic, the working mother? why are men left out of this conversation completely? >> it is a complicated subject and one i am very careful to engage in. but it makes me feel bad that nobody was pursuing me to get married when i was in college. but, you know, i think look.

it is an important discussion. i have a lot of respect for what sheryl sandberg was talking about as well. i've worked at a big company and had a small company as well and i think women need to embrace being women and i think that you should apply that when in the work force as well. so i have no problem with it. i think it's a great sort of debate. more power to this woman. she said in her own words she is giving her opinion. disagree with it, that's fine but it's good for the debate. >> one person it hasn't come up was anne marie slaut wloer did that wonderful piece in the atlantic. she made an important point which is it is about being able to have control of iran environmen -- of your own environment, your work life, your family life. make the decisions that are best for you. >> her essay spoke to me the most because it is a frank admission you can't always do it all. >> you get tired. >> in her piece one of her children had needs that she

thought couldn't be met with the job she had and so she made that work. but, you know, it is a debate we should be having. on the merits, simply on the merits i have to say i think the dating pool in college much better than afterwards. >> really. >> i'm going to go with the work world. >> melissa patton's point was if you go to princeton you are around presumably a lot of smart guys, bright prospects, and when you leave college you're not necessarily in a place where everybody is focused. that was her point generally. >> i don't know. >> i was completely unmarriable in college. does her advice ring true for everybody. >> i went to barner. there were columbia guys across the street. >> i went to columbia. >> there you go. maybe you were hanging out in better dining halls than i was. but, you know, i think that you can meet a great person wherever. it's about having control of your life. you know? it is at the end of the day. >> i thought dating was great this college. i loved it. >> were you ready to settle down? >> no. >> that's the flip side of the

coin. i think the pool of opportunity might be better but who has the maturity to settle down at that point? i didn't. >> i didn't have the maturity to settle down at all thnchts is interesting because it is about this extended adolescence in some ways that a lot of -- you know, many of our parents got married. my mother was pregnant with me at 22. >> we got to wrap it there. we got five seconds till we're cut off. you were great tonight. you made it easy. take care. on monday larry is back. transit fares! as in the 37 billion transit fares we help collect each year. no? oh, right. you're thinking of the 1.6 million daily customer care interactions xerox handles. or the 900 million health insurance claims we process. so, it's no surprise to you that companies depend on today's xerox for services that simplify how work gets done. which is...pretty much what we've always stood for. with xerox, you're ready for real business.

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